INSEAD Day 4 - 728x90

Business

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

MODON and Bin Laden Company to build industrial city

By TRENDS Desk
November 21, 2021 10:15 pm
  • The city located in Bahrah, a town  in Makkah province, is a step to empower  the industry and increase the local economic activity in GDP terms by 65 percent
  • MODON was established in 2001 to develop industrial lands with integrated services

The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop an industrial city exceeding 5 million square meters.

The city located in Bahrah, a town  in Makkah province, is a step to empower  the industry and increase the local economic activity in GDP terms by 65 percent, in line with the Saudi Vision 2030, said CEO of MODON, Khalid M. Al-Salem.

MODON was established in 2001 to develop industrial lands with integrated services. It oversees 36 industrial cities that exist or are under development in Saudi Arabia.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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